” The country was passing through an era of unprecedented social and economic changes at present and expressed confidence that in the coming decades India will become the engine of world economic growth. Fiscal deficit has come down, the rate of inflation has come down. The middle class is growing and the country is full of demographic dividend. In the past 4 years, the state and central governments together have taken over 10,000 measures, which have helped the country improve its position in the ease of doing business rankings by 42 points,GST is the biggest tax reform in the country post-independence which has turned the country into a single market, 10,000 km highways have been built, which is double in comparison with what was done by earlier governments.The aviation sector is growing at a record speed with 100 new airports and helipads coming up across the country. Type II and Type III cities are getting air connectivity.With the high speed rail projects and metro lines in various cities and the Centre’s policy of housing for all, power for all, fuel for all and banking for all, scenario of an ideal investment destination becomes complete. My message to investors is make in India but not just for Indians but for the whole world, schemes like Ayushman Bharat Yojana will provide health insurance coverage to a huge population and it will also open up huge opportunities for investors in the health sector.The state government’s new policy on tourism, which gives it the status of an industry, is going to give a big advantage to investors coming to the state. The new policies framed by the state government like support subsidy for investors in the MSME sector will be another advantage, with its unique blend of nature-adventure-culture and yoga, Uttarakhand has enough to stimulate the interest of investors, that it has the potential to emerge as the country’s “Spiritual Eco Zone” (SEZ).Noting that the states had great potential, if India is able to channelise its strength nothing can stop it from growing expeditiously.Uttarakhand has great potential in organic farming and asked investors to invest in the sector apart from food processing, agriculture and agri-business, which could help double the income of farmers.”
Prime Minister Narendra Modi inaugurated Uttarakhand’s first investors summit, saying India is the ideal investment destination in the world today
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